Change - Announcement of Cessation::Cessation of Executive Director

Issuer & Securities

Issuer/ Manager
EXCELPOINT TECHNOLOGY LTD.
Securities
EXCELPOINT TECHNOLOGY LTD - SG1BF4000009 - BDF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Feb-2016 19:41:53
Status
New
Announcement Sub Title
Cessation of Executive Director
Announcement Reference
SG160205OTHRNY08
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation as Executive Director

Additional Details

Name Of Person
Kok Fat Keung
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
06/02/2016
Detailed Reason (s) for cessation
Retirement. Will remain an advisor to the Company to faciliate smooth transition of job handover to sucessors by end of the year or earlier.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
05/07/2001
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
As both Executive Director of the Company and Chief Operating Officer of Excelpoint System (H.K.) Ltd oversees business activities and is responsible for daily operations of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
515,924 Ordinary Shares
Past (for the last 5 years)
Nil
Present
Excelpoint Systems (H.K.) Limited
Excelpoint International Trading (Shenzhen) Co., Ltd
Excelpoint International Trading (Shanghai) Co., Ltd